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#141
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Lnglf
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#142
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#143
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Magnolia LNG timeline
Federal Energy Regulatory Commission (FERC)
• FERC’s role: – Authorises construction and operation of LNG facilities – Comprehensive analysis of project environmental, operational and safety implications – FERC filing process expected to take 15 - 18 months from formal application to notice to proceed (NTP) • May 2014 - FERC accepted MLNG’s application for the siting, construction, ownership and operation of proposed project and assigned Docket No. CP14-347-000 • July 2014 - FERC accepted Kinder Morgan’s filing application for authorisation to install compression and other related facilities on the KMLP Pipeline • FERC’s progress towards MLNG’s DEIS was announced on 19th March 2015 • Typical timelines from MLNG current status: – Following review of responses to remaining data requests, FERC issues a schedule of environmental review (SER), which is followed by issuance of the draft environmental impact statement (DEIS) – Final environmental impact statement (FEIS) issued about 4 months after the DEIS – Conditional order authorising the project approximately 30-45 days after FEIS – After satisfaction of several conditions in the order, FERC staff issues an NTP that authorises commencement of construction • NTP is required before MLNG can achieve Financial Close and commence construction FEIS expected sometime in mid Nov. Notice To Proceed with construction possible Jan. 2016 |
#144
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Going to get me some cold cuts today about 35% gain over a week
__________________
Waltrip's Saltwater Guide Service jeremy@geaux-outdoors.com https://m.facebook.com/waltrip.guideservice?id=148838538646862&_rdr |
#146
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I had all of my "play money" tied up in a different stock that is still down or, I'd been all over this! Yeah, there's some folks that are having a real good time right now!
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#147
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Prepare to have this drop like stone.......I bought in today
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#148
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LOL! I'm glad I stayed out of it then!
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#149
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Down 8% already lol
__________________
Waltrip's Saltwater Guide Service jeremy@geaux-outdoors.com https://m.facebook.com/waltrip.guideservice?id=148838538646862&_rdr |
#150
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yep figures
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#151
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I am the kiss of death to a good stock............
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#152
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It's gonna fall hard Friday. LNG.AX is the Australian ticker symbol for the parent company of magnolia LNG and it's down a lot tonight. It will gap down at the open.
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#153
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Articles like his is what scares me about LNG stocks.
85 Gas Projects Dying on the Vine as LNG's Promise Falls Short http://finance.yahoo.com/news/85-gas...?.tsrc=applewf |
#154
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#155
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IMO, yes it's a highly speculative investment not to be considered as a core holding in a portfolio, but I personally have no problem with say a 1% - 2% value of an investment acct. allocated to LNGLF. It's not unusual for a growth oriented acct. to fluctuate that much on a daily basis. Worst case scenario if it goes bust, you write it off to offset some of your gains & you haven't lost your shirt.
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#156
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#157
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#158
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You guy's still buying this stock?
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#159
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I guess no one is. I'm just watching it. With Oil and natural gas in such a long downturn, this stock won't get back to even $2 any time soon. But I will buy some at some point. |
#160
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Maybe in a year or two. Oil is going to be down for a while. I do have some energy stocks im sticking with though.
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